Today, As You Sow released its “Waste & Opportunity 2020: Searching for Corporate Leadership” report analyzing the actions, or inactions, of 50 of the largest US consumer-facing companies to reduce plastic pollution. The report concludes that companies are far too slow in adopting responsive actions and promoting reusability, recyclability, or compostability in their packaging, and failing to shift away from wasteful packaging, toward circular models that prioritize absolute reduction.
Out of the 50 companies in the beverage, quick-service restaurant, consumer packaged goods, and retail sectors, the highest grade was a B- for Unilever. Twelve companies received C grades, 22 received D grades, and 15 received F grades. The six lowest ranked companies by size of revenue were Walmart, Kroger, PepsiCo, Tyson Foods, Kraft Heinz, and Mondel?z International. The report says the high number of poor and failing grades reflects a lack of basic goal setting, strategy, and planning which must be developed to effectively address the plastic pollution crisis.
Company actions were analyzed and graded on six pillars businesses must implement to address the plastics crisis: packaging design, reusable packaging, recycled content, data disclosure, voluntary support for improving recycling systems, and mandated financial responsibility to improve those systems.
Source: Environmental Leadermovi
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